Sonetel Balance Sheet Health
Financial Health criteria checks 2/6
Sonetel has a total shareholder equity of SEK22.7M and total debt of SEK7.6M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are SEK40.3M and SEK17.7M respectively. Sonetel's EBIT is SEK1.5M making its interest coverage ratio 1. It has cash and short-term investments of SEK446.9K.
Key information
33.6%
Debt to equity ratio
kr7.61m
Debt
Interest coverage ratio | 1x |
Cash | kr446.87k |
Equity | kr22.66m |
Total liabilities | kr17.67m |
Total assets | kr40.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONE's short term assets (SEK1.4M) do not cover its short term liabilities (SEK9.7M).
Long Term Liabilities: SONE's short term assets (SEK1.4M) do not cover its long term liabilities (SEK7.9M).
Debt to Equity History and Analysis
Debt Level: SONE's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: SONE's debt to equity ratio has reduced from 34% to 33.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SONE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SONE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.